520 Baird Cove Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
520 Baird Cove Rd
14 Unit Apartment Building $4,535,904 CAD ($323,993 CAD/Unit) Franklin, NC 28734
Investment Highlights
- Located in a quiet, rural neighborhood within 5 min drive of retail stores for tenant convenience.
- Potential for future development of additional units.
- Property is currently fully occupied.
- Financials available upon request.
Executive Summary
520 Baird Cove Road is a multi-family property with development potential located in beautiful Franklin, NC. There is a 3bed/bath house, recently built townhouses 5- 3bed/bath, and -8 2bed 2bath apartments. All are currently rented on a month to month lease. Total gross monthly income is $17,460.00 from reliable steady tenants.
The property consists of approximately 8 acres, 4.5 acres are undeveloped and site planned for 15 additional units. Roadway with curbing is in for 6 additional villas and an addition 4 plex apartment building. Property has city water sewer and high speed internet all available at site.
The townhouses and apartments were built in 2012 and 2013. The total heated area is 16,000 square feet. The current cost for new construction in Franklin, NC is $250.00 per sq foot for a replacement value of $4M.
Franklin is one of the most desirable Appalachian mountain community just north of Atlanta-south of Knoxville and west of Asheville.
Current tax assessment is $2,800,000.00.
Asking $3,200,000.
The property consists of approximately 8 acres, 4.5 acres are undeveloped and site planned for 15 additional units. Roadway with curbing is in for 6 additional villas and an addition 4 plex apartment building. Property has city water sewer and high speed internet all available at site.
The townhouses and apartments were built in 2012 and 2013. The total heated area is 16,000 square feet. The current cost for new construction in Franklin, NC is $250.00 per sq foot for a replacement value of $4M.
Franklin is one of the most desirable Appalachian mountain community just north of Atlanta-south of Knoxville and west of Asheville.
Current tax assessment is $2,800,000.00.
Asking $3,200,000.
Property Facts
| Price | $4,535,904 CAD | Apartment Style | Low Rise |
| Price Per Unit | $323,993 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 6.39 AC |
| No. Units | 14 | Building Size | 16,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1990 |
| Price | $4,535,904 CAD |
| Price Per Unit | $323,993 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 6.39 AC |
| Building Size | 16,000 SF |
| No. Stories | 1 |
| Year Built | 1990 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
| 2+2 | 8 | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 6584495942 | Improvements Assessment | $3,819,897 CAD |
| Land Assessment | $216,703 CAD | Total Assessment | $4,036,600 CAD |
PROPERTY TAXES
Parcel Number
6584495942
Land Assessment
$216,703 CAD
Improvements Assessment
$3,819,897 CAD
Total Assessment
$4,036,600 CAD
zoning
| Zoning Code | FR1 |
| FR1 |
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Heritage Hollow Llc
520 Baird Cove Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.